ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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India s Industrialisation Strategy

M FG Scott In India as in some other developing countries, a period of rapid and sustained economic growth in manufacturing production has been followed by a recession and shiver growth. This slowing down has been generally associated with a narrowing of the scope for easy import substitution, a more difficult balance of payments situation, and an increasing discontent with the social and income effects of the industrialisation.

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